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Vertical nalysis of mcome Statement The tollewing data fin mlins)are taken from recent financial statements of Nike Inc $24,178 20,862 2,223 2,133 a. Oetermine the
Vertical nalysis of mcome Statement The tollewing data fin mlins)are taken from recent financial statements of Nike Inc $24,178 20,862 2,223 2,133 a. Oetermine the amount of change (in milions) and percent of change in net income for Year 2. Round to ond decimel place Amoure of change percent of dange in net icone b. Determine the percentage relationchip between not income and net sales (net ncome divided try net sales) for Year 2 ard Yea t, Round to one decimal plac e g
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